Elon Musk just keeps getting richer, with his net worth rising almost $150 billion this year

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Elon Musk just keeps getting richer, with his net worth rising almost $150 billion this year

^{Published on 2024-12-09 15:41:25 - Business Insider}

Elon Musk just keeps getting richer following the postelection rally for Tesla stock. The Tesla and SpaceX CEO's net worth has soared by an unmatched $147 billion this year, according to the ...

Elon Musk's net worth has seen significant fluctuations in 2024, largely due to his involvement with Tesla and his political activities. His wealth, primarily tied to Tesla stock, has been volatile as the company faces challenges like slowing electric vehicle demand and increased competition. Musk's outspoken political views, particularly his support for Donald Trump and his criticism of President Joe Biden, have stirred controversy and potentially impacted Tesla's market performance. Despite these issues, Musk remains one of the world's richest individuals, with his net worth still hovering around $200 billion, although it has decreased from its peak. His actions and statements continue to influence both his financial standing and the broader political and business landscapes.

Read the Full Business Insider Article at:
[ https://www.businessinsider.com/elon-musk-net-worth-wealth-tesla-stock-trump-election-ev-2024-11 ]

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Elon Musk just keeps getting richer, with his net worth rising almost $150 billion this year